Global Water Electrolysis Hydrogen Equipment Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Water Electrolysis Hydrogen Equipment market size will reach 2,786.60 Million USD in 2025 and is projected to reach 33,118.56 Million USD by 2032, with a CAGR of 42.42% (2025-2032). Notably, the China Water Electrolysis Hydrogen Equipment market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Water electrolysis hydrogen equipment refers to systems designed to produce hydrogen gas through the electrolysis of water. This process involves splitting water molecules (H2O) into hydrogen (H2) and oxygen (O2) gases using an electrical current. The equipment typically consists of an electrolyzer unit where water is fed into electrodes submerged in an electrolyte solution. When an electric current is applied, hydrogen ions (H+) migrate to the cathode to form hydrogen gas (H2), while oxygen ions (O2-) migrate to the anode to form oxygen gas (O2). The hydrogen gas produced can be used for various applications, including fuel cells for power generation, industrial processes such as hydrogenation in chemical production, and as a clean energy source in transportation. Advances in water electrolysis technology aim to improve efficiency, reduce costs, and increase the scalability of hydrogen production, thereby promoting the use of hydrogen as a sustainable energy carrier in the transition towards a low-carbon economy.
The major global manufacturers of Water Electrolysis Hydrogen Equipment include Plug Power, 718th Research Institute of CSIC, Sungrow Power Supply, Longi Green Energy Technology, ThyssenKrupp, Nel Hydrogen, Cockerill Jingli Hydrogen, Hydrogen Pro, TianJin Mainland, SANY Hydrogen, Siemens, Yangzhou Chungdean Hydrogen Equipment, McPhy, Beijing Zhongdian, Cummins, Shandong Saikesaisi Hydrogen Energy, Shenzhen Kohodo Hydrogen Energy, CPU Hydrogen Power, H2B2, ShaanXi HuaQin, Sunfire, Teledyne Energy Systems, Jiangsu Guofu Hydrogen Energy Equipment, EM Solution, China NewGas Energy Technology, Toshiba, Elogen, ITM Power, Kobelco Eco-Solutions, Elchemtech, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Water Electrolysis Hydrogen Equipment. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Water Electrolysis Hydrogen Equipment market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Water Electrolysis Hydrogen Equipment market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Water Electrolysis Hydrogen Equipment industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Water Electrolysis Hydrogen Equipment Include:
Plug Power
718th Research Institute of CSIC
Sungrow Power Supply
Longi Green Energy Technology
ThyssenKrupp
Nel Hydrogen
Cockerill Jingli Hydrogen
Hydrogen Pro
TianJin Mainland
SANY Hydrogen
Siemens
Yangzhou Chungdean Hydrogen Equipment
McPhy
Beijing Zhongdian
Cummins
Shandong Saikesaisi Hydrogen Energy
Shenzhen Kohodo Hydrogen Energy
CPU Hydrogen Power
H2B2
ShaanXi HuaQin
Sunfire
Teledyne Energy Systems
Jiangsu Guofu Hydrogen Energy Equipment
EM Solution
China NewGas Energy Technology
Toshiba
Elogen
ITM Power
Kobelco Eco-Solutions
Elchemtech
Water Electrolysis Hydrogen Equipment Product Segment Include:
PEM Electrolyzer
Alkaline Electrolyzer
Others
Water Electrolysis Hydrogen Equipment Product Application Include:
Chemical Industry and Refining
Power to Gas
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Steel Plant
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Water Electrolysis Hydrogen Equipment Industry PESTEL Analysis
Chapter 3: Global Water Electrolysis Hydrogen Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Water Electrolysis Hydrogen Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Water Electrolysis Hydrogen Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Water Electrolysis Hydrogen Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Water Electrolysis Hydrogen Equipment market size will reach 2,786.60 Million USD in 2025 and is projected to reach 33,118.56 Million USD by 2032, with a CAGR of 42.42% (2025-2032). Notably, the China Water Electrolysis Hydrogen Equipment market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Water electrolysis hydrogen equipment refers to systems designed to produce hydrogen gas through the electrolysis of water. This process involves splitting water molecules (H2O) into hydrogen (H2) and oxygen (O2) gases using an electrical current. The equipment typically consists of an electrolyzer unit where water is fed into electrodes submerged in an electrolyte solution. When an electric current is applied, hydrogen ions (H+) migrate to the cathode to form hydrogen gas (H2), while oxygen ions (O2-) migrate to the anode to form oxygen gas (O2). The hydrogen gas produced can be used for various applications, including fuel cells for power generation, industrial processes such as hydrogenation in chemical production, and as a clean energy source in transportation. Advances in water electrolysis technology aim to improve efficiency, reduce costs, and increase the scalability of hydrogen production, thereby promoting the use of hydrogen as a sustainable energy carrier in the transition towards a low-carbon economy.
The major global manufacturers of Water Electrolysis Hydrogen Equipment include Plug Power, 718th Research Institute of CSIC, Sungrow Power Supply, Longi Green Energy Technology, ThyssenKrupp, Nel Hydrogen, Cockerill Jingli Hydrogen, Hydrogen Pro, TianJin Mainland, SANY Hydrogen, Siemens, Yangzhou Chungdean Hydrogen Equipment, McPhy, Beijing Zhongdian, Cummins, Shandong Saikesaisi Hydrogen Energy, Shenzhen Kohodo Hydrogen Energy, CPU Hydrogen Power, H2B2, ShaanXi HuaQin, Sunfire, Teledyne Energy Systems, Jiangsu Guofu Hydrogen Energy Equipment, EM Solution, China NewGas Energy Technology, Toshiba, Elogen, ITM Power, Kobelco Eco-Solutions, Elchemtech, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Water Electrolysis Hydrogen Equipment. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Water Electrolysis Hydrogen Equipment market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Water Electrolysis Hydrogen Equipment market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Water Electrolysis Hydrogen Equipment industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Water Electrolysis Hydrogen Equipment Include:
Plug Power
718th Research Institute of CSIC
Sungrow Power Supply
Longi Green Energy Technology
ThyssenKrupp
Nel Hydrogen
Cockerill Jingli Hydrogen
Hydrogen Pro
TianJin Mainland
SANY Hydrogen
Siemens
Yangzhou Chungdean Hydrogen Equipment
McPhy
Beijing Zhongdian
Cummins
Shandong Saikesaisi Hydrogen Energy
Shenzhen Kohodo Hydrogen Energy
CPU Hydrogen Power
H2B2
ShaanXi HuaQin
Sunfire
Teledyne Energy Systems
Jiangsu Guofu Hydrogen Energy Equipment
EM Solution
China NewGas Energy Technology
Toshiba
Elogen
ITM Power
Kobelco Eco-Solutions
Elchemtech
Water Electrolysis Hydrogen Equipment Product Segment Include:
PEM Electrolyzer
Alkaline Electrolyzer
Others
Water Electrolysis Hydrogen Equipment Product Application Include:
Chemical Industry and Refining
Power to Gas
Hydrogen Refueling Station
Power Industry
Electronics and Semiconductor
Steel Plant
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Water Electrolysis Hydrogen Equipment Industry PESTEL Analysis
Chapter 3: Global Water Electrolysis Hydrogen Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Water Electrolysis Hydrogen Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Water Electrolysis Hydrogen Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Water Electrolysis Hydrogen Equipment Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Water Electrolysis Hydrogen Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Water Electrolysis Hydrogen Equipment Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Water Electrolysis Hydrogen Equipment Product by Type
- 1.2.1 PEM Electrolyzer
- 1.2.2 Alkaline Electrolyzer
- 1.2.3 Others
- 1.3 Water Electrolysis Hydrogen Equipment Product by Application
- 1.3.1 Chemical Industry and Refining
- 1.3.2 Power to Gas
- 1.3.3 Hydrogen Refueling Station
- 1.3.4 Power Industry
- 1.3.5 Electronics and Semiconductor
- 1.3.6 Steel Plant
- 1.3.7 Others
- 1.4 Global Water Electrolysis Hydrogen Equipment Market Revenue and Sales Analysis
- 1.4.1 Global Water Electrolysis Hydrogen Equipment Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Water Electrolysis Hydrogen Equipment Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Water Electrolysis Hydrogen Equipment Market Sales Price Trend Analysis (2020-2032)
- 1.5 Water Electrolysis Hydrogen Equipment Market Development Status and Trends
- 1.5.1 Water Electrolysis Hydrogen Equipment Industry Development Status Analysis
- 1.5.2 Water Electrolysis Hydrogen Equipment Industry Development Trends Analysis
- 2 Water Electrolysis Hydrogen Equipment Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Water Electrolysis Hydrogen Equipment Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Water Electrolysis Hydrogen Equipment Market Analysis by Country
- 4.1 Global Water Electrolysis Hydrogen Equipment Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Water Electrolysis Hydrogen Equipment Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Water Electrolysis Hydrogen Equipment Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Water Electrolysis Hydrogen Equipment Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Water Electrolysis Hydrogen Equipment Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Water Electrolysis Hydrogen Equipment Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Water Electrolysis Hydrogen Equipment Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Water Electrolysis Hydrogen Equipment Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Water Electrolysis Hydrogen Equipment Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Water Electrolysis Hydrogen Equipment Average Sales Price by Manufacturers (2021-2025)
- 5.2 Water Electrolysis Hydrogen Equipment Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Water Electrolysis Hydrogen Equipment Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Water Electrolysis Hydrogen Equipment Market Analysis by Type
- 6.1 Global Water Electrolysis Hydrogen Equipment Market Revenue Analysis by Type
- 6.1.1 Global Water Electrolysis Hydrogen Equipment Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Water Electrolysis Hydrogen Equipment Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Water Electrolysis Hydrogen Equipment Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Water Electrolysis Hydrogen Equipment Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Plug Power
- 7.1.1 Plug Power Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Plug Power Water Electrolysis Hydrogen Equipment Product Portfolio
- 7.1.3 Plug Power Water Electrolysis Hydrogen Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 718th Research Institute of CSIC
- 7.2.1 718th Research Institute of CSIC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 718th Research Institute of CSIC Water Electrolysis Hydrogen Equipment Product Portfolio
- 7.2.3 718th Research Institute of CSIC Water Electrolysis Hydrogen Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Sungrow Power Supply
- 7.3.1 Sungrow Power Supply Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Sungrow Power Supply Water Electrolysis Hydrogen Equipment Product Portfolio
- 7.3.3 Sungrow Power Supply Water Electrolysis Hydrogen Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Longi Green Energy Technology
- 7.4.1 Longi Green Energy Technology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Longi Green Energy Technology Water Electrolysis Hydrogen Equipment Product Portfolio
- 7.4.3 Longi Green Energy Technology Water Electrolysis Hydrogen Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 ThyssenKrupp
- 7.5.1 ThyssenKrupp Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 ThyssenKrupp Water Electrolysis Hydrogen Equipment Product Portfolio
- 7.5.3 ThyssenKrupp Water Electrolysis Hydrogen Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Nel Hydrogen
- 7.6.1 Nel Hydrogen Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Nel Hydrogen Water Electrolysis Hydrogen Equipment Product Portfolio
- 7.6.3 Nel Hydrogen Water Electrolysis Hydrogen Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Cockerill Jingli Hydrogen
- 7.7.1 C
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
